Are U.S. Stocks Still at the Mercy of the Fed?

The transcript discusses the market's response to potential Fed rate hikes, emphasizing the need for preparation to avoid market shocks. It analyzes current market valuations and earnings growth, suggesting that the market is at fair value. The impact of global bond yields on U.S. market prospects is considered, with a focus on potential reassessment of earnings. Despite market volatility, the transcript suggests that sell-offs present buying opportunities, as the cyclical bull market is not over.

What is the market's main concern regarding the Federal Reserve's interest rate hikes?

• Multiple rate hikes in a short period

• No rate hikes at all

• Rate hikes only in the energy sector

• A single rate hike without preparation

What is the expected earnings growth for the next year according to the discussion?

• 8-10%

• 5-7%

• 3-4%

• 1-2%

How does the speaker view the current state of the cyclical bull market?

• It is over

• It is continuing with some volatility

• It is declining rapidly

• It is at its peak

What is the anticipated range for the 10-year bond yield this year?

• 2-2.5%

• 0.5-1%

• 1-1.5%

• 1.5-2%

What should investors consider during market sell-offs according to the discussion?

• Avoid buying stocks

• Sell all their stocks

• View sell-offs as opportunities to buy

• Wait for the market to stabilize